Merchandising chief Mazzola to take helm from retiring Anderson

Citi Trends Inc.
CTRN 4.40%
said Friday that Chief Executive Ed Anderson, who returned to the urban-apparel retailer in 2012 to fashion a turnaround, will retire from the top executive role next week.

The company tapped merchandising chief Jason Mazzola as his replacement. Mr. Anderson will stay on as executive chairman and as chair of the company’s real estate committee, while chief financial officer Bruce Smith will add the operations chief title.

“When I came back to the company at the beginning of 2012, my job was to lead a turnaround of the company,” said Mr. Anderson in a news release. “That work is largely complete as the company just reported a very successful 2014 and again is in strong financial condition.”